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CDP, FirstCarbon Solutions sign expanded partnership

RACHEL ALEMBAKIS  |  FRIDAY, 14 MAR 2014  |  NEWS
... partner, FCS will expand their role. In addition to providing scoring services to the supply chain program and regional investor programs, FCS will now be the scoring partner for the S&P 500 and FTSE350 climate change disclosures, and will also take ...

AMP Capital increases focus on corporate succession planning

RACHEL ALEMBAKIS  |  WEDNESDAY, 12 MAR 2014  |  NEWS
AMP Capital has increased its focus on succession planning for senior management and boards of directors and sees the issue as part of overall quality of leadership when considering governance issues in companies. Karin Halliday, AMP Capital corporate ...

Australian Ethical Investment hires head of ethics

RACHEL ALEMBAKIS  |  WEDNESDAY, 12 MAR 2014  |  NEWS
Australian Ethical Investment has hired Dr Stuart Palmer as head of ethics. As head of ethics, Dr Palmer will work with the company's ethical advisers CAER and the investment team "to further develop the company's ethical investment frameworks, which ...

Social Ventures Australia funds Melbourne LEGO club

RACHEL ALEMBAKIS  |  WEDNESDAY, 12 MAR 2014  |  NEWS
Social Ventures Australia (SVA) has provided start-up funding to a Melbourne-based social enterprise that provides LEGO activities to children who struggle with "more traditional club activities, including children with autism spectrum disorder (ASD)." ...

350.org Australia issues ASX200 fossil fuel divestment study

RACHEL ALEMBAKIS  |  FRIDAY, 7 MAR 2014  |  NEWS
Institutional investment portfolios containing coal, oil and gas companies "risk lower returns in the long run while portfolios avoiding these companies can provide competitive returns," according to a report published by The Australia Institute in ...

ASX could include ESG language in new governance guidance

RACHEL ALEMBAKIS  |  FRIDAY, 28 FEB 2014  |  NEWS
The Australian Securities Exchange (ASX) could, from 1 July, recommend that listed companies disclose how economic, environmental and social sustainability risks are identified and managed when it publishes the third edition of the Corporate Governance ...

CCA final report reveals future policy shock for investors

RACHEL ALEMBAKIS  |  FRIDAY, 28 FEB 2014  |  NEWS
... signals a "future policy shock" on climate ambition, which brings more policy uncertainty for investors, according to the Investor Group on Climate Change (IGCC). The CCA, chaired by former Reserve Bank Governor Bernie Fraser with a board comprised of ...

UCA Funds Management sets exclusions in fossil fuel policy

RACHEL ALEMBAKIS  |  WEDNESDAY, 26 FEB 2014  |  NEWS
... fracking. Natural gas, coking coal and conventional oil remain eligible for investment, and "[w]here a company is a major investor in renewable energy, that interest will be offset from excluded fossil fuels interests when considering whether the company ...

IGCC joins world peers in voicing fugitive methane concerns

RACHEL ALEMBAKIS  |  FRIDAY, 21 FEB 2014  |  NEWS
The Investor Group on Climate Change (IGCC) has joined international investors groups that are expressing concern about fugitive methane leaks and are calling on oil and gas companies to adopt universal implementation of best practices to prevent venting ...

PRI, GRESB agree to closer collaboration

RACHEL ALEMBAKIS  |  FRIDAY, 21 FEB 2014  |  NEWS
The Principles for Responsible Investment (PRI) and the Global Real Estate Sustainability Benchmark (GRESB) have agreed to deepen their cooperative work to improve the quality and consistency of reporting by global real estate investors and companies. ...